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Dec 24, 2012
12/12
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WRC
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lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want, that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead
lawmakers are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass...
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140
Jan 1, 2013
01/13
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LINKTV
tv
eye 140
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is set to go over the fiscal cliff, at least for a day. congress will not vote before at midnight. they are expected to resume talks on new year's day. the government in pakistan has released eight afghan taliban prisoners, part of the peace process. one of them was the justice minister under the taliban in afghanistan. venezuela has canceled new year's celebrations in the capital because of the president's poor health, and the vice president said hugo chavez is in a delicate state after suffering complications following his latest cancer surgery. at least 23 people and killed in a series of explosions across iraq, and the dead include several members of one family. they continue to demand release of prisoners held by the government. we have more. >> the scenes like this that gripped iraq for almost one decade. iraq is faced with yet another political challenge. mass protests in different provinces have been ongoing for days. they accuse the government of targeting sunnis and their leaders, but the prime minister denies it, saying foreign countries are behind the instability. >> wh
is set to go over the fiscal cliff, at least for a day. congress will not vote before at midnight. they are expected to resume talks on new year's day. the government in pakistan has released eight afghan taliban prisoners, part of the peace process. one of them was the justice minister under the taliban in afghanistan. venezuela has canceled new year's celebrations in the capital because of the president's poor health, and the vice president said hugo chavez is in a delicate state after...
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200
Dec 31, 2012
12/12
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WETA
tv
eye 200
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president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people deserving far better and we will be scrambling to find budget reductions in we can understand. >> we are upon the fiscal cliff. will we need to focus on is how we find that common ground. ira by -- i believe republicans and democrats alike want to put us on the course to fiscal discipline. >> we are running at a time. americans are threatened with a tax hike in just few hours. i hope we can keep in mind that our single most important goal is to protect middle-class families. >> democrats and republicans in congress have to get this done but they are not there yet. they are closed but not there y
president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people...
577
577
Jan 1, 2013
01/13
by
KQED
tv
eye 577
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president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people deserving far better and we will be scrambling to find budget reductions in we can understand. >> we are upon the fiscal cliff. will we need to focus on is how we find that common ground. ira by -- i believe republicans and democrats alike want to put us on the course to fiscal discipline. >> we are running at a time. americans are threatened with a tax hike in just few hours. i hope we can keep in mind that our single most important goal is to protect middle-class families. >> democrats and republicans in congress have to get this done but they are not there yet. they are closed but not there y
president obama said a deal is in sight to stop america going over the so-called fiscal cliff. congress officials have said the house of representatives will not vote before midnight despite tense negotiations to get an agreement signed before midnight washington time. that will trigger a series of automatic spending cuts and tax hikes and could send the country back into recession. >> of america is staring into the economic unknown. there will be some real damage. there are some people...
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287
Dec 30, 2012
12/12
by
WJLA
tv
eye 287
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it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it is a trivial amount money, and he has never put any political capital in entitlemement reform. you talk aut it here or there. never invested in the capital in it. >> i think we have a difference of opinion here. >> if it is such a trivial amount, then why the squealing the yelli, the hurt feelings? all of these plutocrats, my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president but if this ththing comes to a complete hal and falls,s, then there will be political blame across the board, and it will undermine all public confide
it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it...
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333
Dec 24, 2012
12/12
by
KPIX
tv
eye 333
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lawmakers try to strike a deal to avoid the fiscal cliff. congress and the president on holiday break. some senators are expressing concern that a deal won't be met. if that happens households between 50 and 75,000 will see their taxes increase nearly $2400. households between half a million and a million would see an increase of $39,000. >>> as americans hit the road for holiday travel they'll be paying less at the gas pump. according to aaa, the national average is about $3.25 for a gallon of regular. that's down from a month ago >>> one item has made a big impact this holiday season. shoes are a top seller. the npd says the shoes are the most popular gift this season. experts say the trend makes sense because americans tend to give more practical gifts during economic downturns. send it back to you. >> erica ferrari. >> all right, erica. thanks. >> last check. >> santa is over the great wall of that. >> that's good timing. >> a billion and 100 million gifts already delivered. >> a billion -- i hope that's oneless for me. >> have you been
lawmakers try to strike a deal to avoid the fiscal cliff. congress and the president on holiday break. some senators are expressing concern that a deal won't be met. if that happens households between 50 and 75,000 will see their taxes increase nearly $2400. households between half a million and a million would see an increase of $39,000. >>> as americans hit the road for holiday travel they'll be paying less at the gas pump. according to aaa, the national average is about $3.25 for a...
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127
Dec 30, 2012
12/12
by
CSPAN
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eye 127
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host: do you think this fiscal cliff nonsense is to make more members of congress money. caller: yes. anytime you can say that corporations are people, you have already gone against -- i am talking about what the forefathers said. when they said that liberty and pursuit of happiness -- the two- party does not -- the tea party does not want to make the pursuit of happiness for everybody. that is why we have a problem. the two-party -- tea party was put on the americans, the same thing in the native americans. making somebody else look like he did something that you did. you either stand up and make this country what the forefathers said it was supposed to be, or we need to take it -- we need to take this thing down under the ocean and drown it. put a bullet in it. host: john from georgia this morning. i want to go for it -- go to john from north carolina on twitter. he writes in -- we are talking about the sequester this morning. this story is from "the washington post specifically on the sequester -- we are taking your calls this morning. i also want to let you know that
host: do you think this fiscal cliff nonsense is to make more members of congress money. caller: yes. anytime you can say that corporations are people, you have already gone against -- i am talking about what the forefathers said. when they said that liberty and pursuit of happiness -- the two- party does not -- the tea party does not want to make the pursuit of happiness for everybody. that is why we have a problem. the two-party -- tea party was put on the americans, the same thing in the...
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126
Dec 24, 2012
12/12
by
WRC
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eye 126
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cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities aren't on the receiving end. the single biggest sour
cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >>...
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410
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 410
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the country will officially go over the so-called fiscal cliff tonight. congress will miss a midnight deadline. it was deadline politician in the nation's capitol set up to be so unappealing. so unacceptable that both sides would have to budge. both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece of legislation has passed congress on this. at this hour, vice president biden is set to meet with senate democrats. you are looking live just outside of capitol hill there. we are waiting for his arrival. he will be meeting with senate democrats in hopes of ironing out a mini deal. is he actually trying to sell it to several key democratic senators who are skeptical to say the least. a big union leaders is weighing in as well. is he not happy with what he has heard of the deal so far. we're positioned just outside again for the vice president's arrival. then, insi
the country will officially go over the so-called fiscal cliff tonight. congress will miss a midnight deadline. it was deadline politician in the nation's capitol set up to be so unappealing. so unacceptable that both sides would have to budge. both sides would have to come to a better, more balanced deficit and debt deal. it's hard to believe but that was almost two years ago. and now, with the clock winding down to the end of to 12, and the end of the fiscal cliff deadline, not a single piece...
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460
Dec 31, 2012
12/12
by
KRON
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eye 460
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cliff congress is to set to meet again today will have the latest from washington. >> and secretary of state hillary clinton has been hospitalized after doctors discovered a blood clot. we will have the latest on her condition coming up. >> plus we're watching your bay area weather on this new year's eve as well as your morning commute. >> we will be right back on the kron 4 >> it is very light traffic conditions of side. your quick commute check shows you that that is exactly what we have. in a state 5 a through altman pass way are very light right now. >> new this morning. two people are in the hospital this morning after a 2 alarm fire at a residential building in san francisco's excelsior district. the fire broke out before 1:00 this morning and crews had it under control run to 3:00 pm. to get you more news faster we will turn to jackie sizzle. >> pg&e crews remain out here. it looks like it is almost destroyed. according to officials of around 1:00 a.m. this is when the fire broke out. it sent to people to the hospital. we are here reports that it may have been a broken gas ma
cliff congress is to set to meet again today will have the latest from washington. >> and secretary of state hillary clinton has been hospitalized after doctors discovered a blood clot. we will have the latest on her condition coming up. >> plus we're watching your bay area weather on this new year's eve as well as your morning commute. >> we will be right back on the kron 4 >> it is very light traffic conditions of side. your quick commute check shows you that that is...
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Dec 25, 2012
12/12
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KTVU
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. >>> what might happen next year if congress doesn't avoid the fiscal cliff. a person earning 50-$75,000 a year would see a hike of $2,400. >>> gas prices in the bay area and around california are still dropping. that is according to aaa. the trend will continue into the new year. the average price of a gallon is $3.60-in san francisco. san jose $3.49. oakland $3.48. california is reflecting a national trend as demand is low and supplies are high. >>> back to the developing news we showed you earlier. an apparent head on collision had forced police to shut down highway 84. that has now been reopened but as a result of that closure you can see the traffic backup. this is highway 84 in the livermore area. westbound lanes, severe back up. no word about the injuries, what the conditions are of the people involved in the accident but we are continuing to work the phones and get more details. you can see from our picture here, the incredible traffic back up. if you are planning to be around that area, you might try to take another route. >>> move on to weather now.
. >>> what might happen next year if congress doesn't avoid the fiscal cliff. a person earning 50-$75,000 a year would see a hike of $2,400. >>> gas prices in the bay area and around california are still dropping. that is according to aaa. the trend will continue into the new year. the average price of a gallon is $3.60-in san francisco. san jose $3.49. oakland $3.48. california is reflecting a national trend as demand is low and supplies are high. >>> back to the...
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Dec 26, 2012
12/12
by
KGO
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cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the board. and the president was hoping that everyone could cool off, drink of eggnog, spend time with the family and when you get back to washington on thursday, let's hammer it out. but a lot of people are saying it doesn't look like it may happen at all. >> a lot of people will be celebrating on new years. when we wake up january 1, there might be a lot of upset people. >>> in other very important news, perhaps the most important news of the night, trenton, ladies and gentlemen, remains in the hands of the hessians. yea
cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the...
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201
Dec 30, 2012
12/12
by
CNNW
tv
eye 201
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what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles from adam chance campbell wrote on my facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush ta
what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles...
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87
Dec 24, 2012
12/12
by
WRC
tv
eye 87
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are we going to avoid the fiscal cliff by the first of the year or not? >> i hope so. if you look at the final positions last monday of both the president and speaker boehner, they were this close, they were this close to a solution. the president was about $200 billion higher on revenues, speaker boehner $200 billion higher on spending cuts. out of a $4 trillion budget, that doesn't seem insurmountable. so i hope they would keep talking. my one bit of advice to speaker boehner is this -- you cannot pass a bill with just republicans. on a broad thing like this, you need both and he has put himself with plan b in sort of an impossible position. he has to get these hard right guys to go along with him. if he were to say and the president were to say we're going to pass a bill with a majority of democrats and majority of democrats in the house and senate we could get a mainstream bill. i know he's worried about his speakership but what i found in my 37 years as a legislator, when you show leadership, when you show redirection and courage, even people who disagree with you
are we going to avoid the fiscal cliff by the first of the year or not? >> i hope so. if you look at the final positions last monday of both the president and speaker boehner, they were this close, they were this close to a solution. the president was about $200 billion higher on revenues, speaker boehner $200 billion higher on spending cuts. out of a $4 trillion budget, that doesn't seem insurmountable. so i hope they would keep talking. my one bit of advice to speaker boehner is this --...
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185
Dec 24, 2012
12/12
by
KGO
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. >>> pulling the nation back from the fiscal cliff why congress may be selling the new year on capitol hill. >> first america's money report. >>> good morning. topping america's money, last minute shopping, many shoppers haven't finished. consumer reports says 17 million will be shopping today, more than 60% will throw in the towel and get those gift cards. so far, a quiet holiday season at the malls, analysts say shoppers are worried about the budget stalemate in washington delayed by superstorm sandy and depressed by the connecticut school shooting. retailers hope today will make up for that many federal workers have more time to shop, president obama gave them today off, many government offices are closed. financial markets closing early as are most post offices. the hobbit topped box office again for the second straight weekend, it took in 37 million dollars more than double any other movie even though many did their last minute shopping instead that's . >>> just about 5:14 thank you spore spending your christmas eve with us. live look towards san francisco, beautiful lights, bay,
. >>> pulling the nation back from the fiscal cliff why congress may be selling the new year on capitol hill. >> first america's money report. >>> good morning. topping america's money, last minute shopping, many shoppers haven't finished. consumer reports says 17 million will be shopping today, more than 60% will throw in the towel and get those gift cards. so far, a quiet holiday season at the malls, analysts say shoppers are worried about the budget stalemate in...
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90
Dec 26, 2012
12/12
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CSPAN
tv
eye 90
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i feel we should go over the fiscal cliff. congress and the senate should go back to the last legally passed budget and whatever money was appropriated, that is what we should appropriate for spending. if i didn't do my job for four years, i would have been fired. why are they able to keep getting paid? there should be something in the law that would say their benefits would stop. they should have their own pension fund. if their pension was the same as a people that work for, social security will not be going bankrupt. host: we will continue to track the work of congress. house and senate come back into session tomorrow. there could be sessions this weekend. the new congress comes in next week. we will have plenty of coverage as the new congress comes into session. we're still hearing about the change in filibuster rules in the senate. we will be there to cover it all. the house is here on c-span. we will be interviewing some retiring members of congress tonight. they are dan burton and kent conrad. here is what they had to s
i feel we should go over the fiscal cliff. congress and the senate should go back to the last legally passed budget and whatever money was appropriated, that is what we should appropriate for spending. if i didn't do my job for four years, i would have been fired. why are they able to keep getting paid? there should be something in the law that would say their benefits would stop. they should have their own pension fund. if their pension was the same as a people that work for, social security...
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125
Dec 28, 2012
12/12
by
KPIX
tv
eye 125
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before january 1. >>> reporter: the "fiscal cliff" is still a few days away. but business owners don carlino says he is already feeling the impact. >> a lot of our customers are holding back. they are apprehensive. they are not committing to projects. they're not -- you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how
before january 1. >>> reporter: the "fiscal cliff" is still a few days away. but business owners don carlino says he is already feeling the impact. >> a lot of our customers are holding back. they are apprehensive. they are not committing to projects. they're not -- you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in...
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111
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 111
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that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically s
that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update...
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389
Dec 28, 2012
12/12
by
WUSA
tv
eye 389
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cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker, does congress realize how ridiculous this looks to the american public, dueling pros conferences. we're minutes away from a fiscal cliff and no one in washington is taking it seriously. >> i think most understand. i think you both know i laid out a very detailed bit. i shared wit the white house, with speaker boehner, with leaders at every level. 've put forth an entitlement package. the problem is we don't want to deal with the issues. yes, i understand that. we should not have back room meetings. the reason we have back-door meetings is, again, dwoejts have the courage to debate these on the floor. >> so no one gets the blame. instead everyone gets the blame. >> that's exactly right. >> i want to ask you about speaker boehner. plan b didn't work out. his own party didn't vote for it. i wonder would he be willing to put out a deal that he knows the gop won't back but it will get them to a deal? >> i don't know wha
cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker, does congress realize how ridiculous this looks to the american public, dueling pros conferences. we're minutes away from a fiscal cliff and no one in washington is taking it seriously. >> i think most understand. i think you both know i laid out a very detailed bit. i shared wit the white house, with speaker boehner, with leaders at every level. 've put forth an entitlement...
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247
Dec 30, 2012
12/12
by
KRCB
tv
eye 247
favorite 0
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it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform. he'll talk about it here and there. never invested any capital in it. >> any difference of opinion? >> if it is such a trivial amount, the raising of taxes on the wealthy, then why the squealing, the yelling, the hurt feelings of all this plutocrats? my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president, but if this thing comes to a complete halt and falls, then there would be political blame across the board, and it will undermine all public confidence in the public sector. >> all political advances w
it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform....
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156
Dec 29, 2012
12/12
by
KTVU
tv
eye 156
favorite 0
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going off the fiscal cliff on a new congress. >>> the fiscal cliff debate is impacting people here in the bay area who's lives could dramatically change as soon as tomorrow. tom vacar is live at a highway work site in oakland and has the story of one woman and her looming fear. tom-- >> reporter: the people who work here are well paid and they're onvacaon. but for other people, the fiscal cliff might as well be a financial guillotine. though ilea thomas searches, she's been out of work for two years picking up any odd jobs as much as she can. >> it's been discouraging. i come in here three times a week and maybe i'll go to a friend's house and use their internet to look for work. >> reporter: long term unemployment benefits have been a life send. >> i can breathe a little while i'm looking for work. even though it's not the same amount that i was getting when i was working. >> but thomas is one of 400, 400,000 californians who will not be able to get medicare payments tomorrow. >> not being able to buy groceries, not being able to put food on the table, what am i supposed to do. a lot
going off the fiscal cliff on a new congress. >>> the fiscal cliff debate is impacting people here in the bay area who's lives could dramatically change as soon as tomorrow. tom vacar is live at a highway work site in oakland and has the story of one woman and her looming fear. tom-- >> reporter: the people who work here are well paid and they're onvacaon. but for other people, the fiscal cliff might as well be a financial guillotine. though ilea thomas searches, she's been out...
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Dec 28, 2012
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yesterday the dow dropped more than 100 points on word out of washington a resolution to the fiscal cliff was unlikely. but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it definitely feels that way. everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. >
yesterday the dow dropped more than 100 points on word out of washington a resolution to the fiscal cliff was unlikely. but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry...
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the whole fiscal cliff crisis will then be turned over to the new congress which comes to work on thursday. live on capitol hill, jennifer johnson, news4. >> thanks, jennifer. >>> well, no relief in the weather. nothing but gray skies to start out this new year. around the district these are live pictures at union station. not much in the way of rain or snow, though. >> storm team 4 chief meteorologist doug kammerer taking a look at the forecast. how is it looking? >> right now not bad. saw a lot of cloud cover this january 1. believe it or not, over the last hour, temperatures have gone up by one degree. 45 degrees at the airport. winds out of the north at 8 miles per hour. we have a bit of a windchill but not all that bad. seen cloud cover throughout the day. not a lot in the way of rain or snow, though. that's stayed down to the south. mostly rain down around richmond. newport news and down into portions of north carolina. one what have sweden as far as temperatures go? we are on the mild side here. temperatures above average but look what is coming. 27 in pittsburgh. 28ing in state col
the whole fiscal cliff crisis will then be turned over to the new congress which comes to work on thursday. live on capitol hill, jennifer johnson, news4. >> thanks, jennifer. >>> well, no relief in the weather. nothing but gray skies to start out this new year. around the district these are live pictures at union station. not much in the way of rain or snow, though. >> storm team 4 chief meteorologist doug kammerer taking a look at the forecast. how is it looking? >>...
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Dec 31, 2012
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. >> jeff: the pressure on congress to reach a deal on the fiscal cliff is great. failure would be felt almost immediately in paychecks as taxes go up. and in financial markets as wall street reacts. even though the dow is up nearly 6% for the year if lost 2% this week as the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an increasingly negative way. the markets are become increasingly concerned that business and consumers will pull back due to the uncertainty about tax and spending. and it's affecting the financial markets and the economy. >> jeff: a slow day tomorrow but how do you think we open? >> i think that if there is any rally it will be a fool's rallyment would you only get a rally if they announce something tonight. but the reality is that anything they announce would be light on fact and long on symbolic-- symbolism it wouldn't have a lot to do with entitlements. it wouldn't address the debt ceiling. so
. >> jeff: the pressure on congress to reach a deal on the fiscal cliff is great. failure would be felt almost immediately in paychecks as taxes go up. and in financial markets as wall street reacts. even though the dow is up nearly 6% for the year if lost 2% this week as the deadline looms. for more on the potential impact of wall street i'm joined by jim awad chairman of plimsoll. let's talk about the fiscal uncertainity is figuring on wall street. >> it is figuring in an...
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Dec 31, 2012
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cliff. >> a, a combination of automatic spending cuts and tax increases the triggering a recession. >> andrew spencer is lanes of negotiations they must know, " a major setback. >> as well marked makers or on avoiding the fiscal cliff. talks get " a major setback over social security benefits. both sides agree to push for. >> i wonder want to know i want to get this done. i need a dance partner. >> vice president joe biden is apparently that person for which mcconnell. >> the two are taking over talks. if nothing is resolved by midnight tonight. tax breaks for all americans will increase. democrats say it will mean about $2,000 for the average middle class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to london $50,000. republicans want texas a the same period >> republicans want taxes to stay the same period >> i offered over a trillion dol
cliff. >> a, a combination of automatic spending cuts and tax increases the triggering a recession. >> andrew spencer is lanes of negotiations they must know, " a major setback. >> as well marked makers or on avoiding the fiscal cliff. talks get " a major setback over social security benefits. both sides agree to push for. >> i wonder want to know i want to get this done. i need a dance partner. >> vice president joe biden is apparently that person for...
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Jan 1, 2013
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we want to go back to your calls, i hear your voice is on what is going on with the fiscal cliff. our next call is from esther in harrison, arkansas. democrat. caller: i do not know about this worry and concern. it seems like the congressmen and senators, they just want their way and yet the republicans do not seem to have learned the country spoke when they reelected obama. they are still trying to fight for what they want themselves. i wonder what this country's going to come to in the next election. i am worried about the democrat and republican party. we do not know what the changes would be. another thing is the billions of dollars they are spending overseas trying to fight the war over there. they are financing billions, i believe to understood, it is that expensive. lives are being lost. i know it sounds reasonable to some people. you take people that do not care to die, like a lot of those suicide bombers, you cannot get rid of all of the terrorists. they are a country that is mixed up. i am concerned for the world. poor people do not seem to get a chance. the wealthy need
we want to go back to your calls, i hear your voice is on what is going on with the fiscal cliff. our next call is from esther in harrison, arkansas. democrat. caller: i do not know about this worry and concern. it seems like the congressmen and senators, they just want their way and yet the republicans do not seem to have learned the country spoke when they reelected obama. they are still trying to fight for what they want themselves. i wonder what this country's going to come to in the next...
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Dec 30, 2012
12/12
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>> with congress deadlocked over fiscal cliff negotiations, little else is getting done. one piece of legislation that awaits action is a new farm bill. if it's not passed, the price of milk, which is now $3.54 a gallon, could double. another bill languishing in congress is the emergency funding for states ravaged by superstorm sandy. the senate passed 60.4 billion in aid yesterday, but the house has yet to act. nine weeks after sandy hit, the need for help is immense. >> this is my house, this was my dream, you know, this was the american dream. >> reporter: when hurricanes or floods threaten pedro's house in the past, somehow it always survived. but as sandy belted sta ten island two months ago, correa knew right away this storm was different. >> i looked out the window and seen my car, it was moving. i said wow the win must be really ripping, and i looked closer and it was floating. >> reporter: he had already vaked his wife and two children. he and his brother were trying to save the house. sandy gave them no chance. >> out of the corner of my eye i see my neighbor's
>> with congress deadlocked over fiscal cliff negotiations, little else is getting done. one piece of legislation that awaits action is a new farm bill. if it's not passed, the price of milk, which is now $3.54 a gallon, could double. another bill languishing in congress is the emergency funding for states ravaged by superstorm sandy. the senate passed 60.4 billion in aid yesterday, but the house has yet to act. nine weeks after sandy hit, the need for help is immense. >> this is my...
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Jan 1, 2013
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we're talking about congress and the fiscal cliff negotiations. caller: i am a retired police officer. i'm disabled. i cannot work. i have had my pension frozen since -- my cola frozen. i'm just asking my fellow citizens to step up and share the wealth with me. that's all. host: how would you like to see that happen? caller: there is going back to be some taxes on the people who have more money. the cola that is frozen for me every year is costing me money. it's not a tax, but i am saving taxpayer's mind that way. my health insurance goes up and every year i get less and less money. host: at noon when the house came into session, a lot of the members of congress made what they call 1-minute speeches were you can talk for whatever topic you want for up to 60 seconds and obviously the fiscal cliff with the main topic of the one- minute speeches today. retiring members dennis kucinich and rep ted poe from texas. [video clip] this confines us to a maximum unemployment, threats to the social safety net, a deteriorated structure, a psychology of poverty
we're talking about congress and the fiscal cliff negotiations. caller: i am a retired police officer. i'm disabled. i cannot work. i have had my pension frozen since -- my cola frozen. i'm just asking my fellow citizens to step up and share the wealth with me. that's all. host: how would you like to see that happen? caller: there is going back to be some taxes on the people who have more money. the cola that is frozen for me every year is costing me money. it's not a tax, but i am saving...
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Dec 30, 2012
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part of the fiscal cliff is congress has not yet done what they call a doc fix. is to index the reimbursement rates for medicare. -- that is to index the reimbursement rates for medicare. any health care provider under medicare. have the amount they get reduced by more than 25%. i think he is right. this will be fixed retroactively. in the meantime, there are a lot of doctors wondering if they can afford to take additional patients. host: that is the chart in the (new york times" talking about things that will happen in the next few months in terms of tax increases. it does talk about the payments to medicare providers falling by 27% if nothing is done. josh, i want to get your thoughts on this statement. some of us are hoping for the fiscal cliff. how much of that sentiment are you seeing? guest: i see a lot of it. we hear from people all over the country. we have been talking about reducing deficits and heavy responsible budgets for 20 years. if you go over the cliff and nothing changes, the largest single day of deficit reduction in world history probably beca
part of the fiscal cliff is congress has not yet done what they call a doc fix. is to index the reimbursement rates for medicare. -- that is to index the reimbursement rates for medicare. any health care provider under medicare. have the amount they get reduced by more than 25%. i think he is right. this will be fixed retroactively. in the meantime, there are a lot of doctors wondering if they can afford to take additional patients. host: that is the chart in the (new york times" talking...
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Jan 1, 2013
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the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make during these strugglings democracy is a method it always has been but plenty of people we spoke with say they are sick and tired of the mess and they are hope they don't think congress can do anything. >> some interesting comments out there. chris will be monitoring everything going on in the capitol tonight and will bring us updates in the next hour and a half. >> we go to the weather and our first forecast for 2013. steve rudin is in the weather center. >> not so bad here in the weather center. we're watching clouds and we had a few showers south of d.c. but those showers are pretty much gone with. 41 in dulles. the same in manassas. 44 at reagan national airport. if you're looking for the colder air, head out to the west. 27 in oakland, maryland. moisture is to the south of our area and it is going to continue to lift off toward the south i
the fiscal cliff negotiations delayed for two months. the idea that battle will be different than this one seems -- >> i would like it to. >> laughable. she makes a point that a lot of people make during these strugglings democracy is a method it always has been but plenty of people we spoke with say they are sick and tired of the mess and they are hope they don't think congress can do anything. >> some interesting comments out there. chris will be monitoring everything going...
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Dec 29, 2012
12/12
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we are definitely going over, that whole fiscal cliff thing where congress and the white house cannot reach a deal, and they may be get us in a recession. it's going to happen. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came after president obama met with john boehner and nancy pelosi and harry reed and mitch mcconnell and all the kree congressional leaders and listen to the president here. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again, america wonders why it is, in this town for some reason, you can't get stuff done in an organized timetable. why everything has to wait for the last minute. we are now at the last minute and the american people are not going to have any pabs for a political -- patience for a politically self-inflicted wound right now.
we are definitely going over, that whole fiscal cliff thing where congress and the white house cannot reach a deal, and they may be get us in a recession. it's going to happen. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families and our businesses and the entire economy. but the hour for immediate action is here. it is now. >> allow me a quick moment, that press conference came...
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. >> lots to talk about, but first, your take on the fiscal cliff. >> isn't congress great? yesterday nbc had a poll, they had a 11% approval rating. the more shocking part is who are the 11% who think they're doing a good job? how low are their standards to think that congress -- this is the most dysfunctional group of people. we have to put them in couples therapy with dr. phil, dr. doolittle. i'm not sure who can help them. >> i'm not sure. >> we suffer as a result of their bipartisanship. >> we talked about the binders full of women, clint eastwood with the chair. general david petraeus. >> that was a big one, although in clint eastwood's defense, he made it okay to talk to your chair on national television. i've had conversations with my couch now as a result. >> you have? what do you say to your couch? >> we're close. i need more friends, apparently. i have to get on facebook and talk to more people. but it became james bond meets "the real housewives." you had the cia director, the top spy, his affair was uncovered. affairs are wrong, but if you're the top spy, keep t
. >> lots to talk about, but first, your take on the fiscal cliff. >> isn't congress great? yesterday nbc had a poll, they had a 11% approval rating. the more shocking part is who are the 11% who think they're doing a good job? how low are their standards to think that congress -- this is the most dysfunctional group of people. we have to put them in couples therapy with dr. phil, dr. doolittle. i'm not sure who can help them. >> i'm not sure. >> we suffer as a result of...
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the fiscal cliff was put in place by members of congress through the super committee and there were not able to come up with a big budget deal to fix the problems, they said if we cannot come up with a deal, if we will have these automatic cuts police. they knew the tax cuts were expiring. there are no surprises here is there's only an inability of people to work together and make hard choices that must be made. host: as the story unfolded over the past 24 hours, the president weighing in on all this and the blame game back and forth between democrats and republicans. years when he said on nbc. [video clip] >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. yesterday i had another meeting with the leadership. i suggested to them if they cannot do a comprehensive package of smart deficit reductions, let's at minimum make sure that people's taxes don't go up and that 2 million people lose their unemployment insurance. i was modestly optimistic yesterday, but we don't yet see an agreement. now the pr
the fiscal cliff was put in place by members of congress through the super committee and there were not able to come up with a big budget deal to fix the problems, they said if we cannot come up with a deal, if we will have these automatic cuts police. they knew the tax cuts were expiring. there are no surprises here is there's only an inability of people to work together and make hard choices that must be made. host: as the story unfolded over the past 24 hours, the president weighing in on...
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Dec 26, 2012
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fiscal cliff gets closer. congress now has six days left to make a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house
fiscal cliff gets closer. congress now has six days left to make a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no...
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Dec 30, 2012
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we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no sn
we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet:...
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we'll tell you. >> and 15 hours until congress steps off the "fiscal cliff." a final push to reach a deal before the midnight deadline. >> jack frost showing up in some of the valleys very chilly start to the day. will we see some rain for new year's eve? we'll talk about that coming up. >> and no major hot spots at all in any bay area roads. here's a live look at 101 in san jose. mass transit offering free rides for the holiday, we'll tell you which once coming up. >>> good morning. it's monday, new year's eve, happy early new year's to you folks. i'm frank mallicoat. >> i'm michelle griego. time now is 6:00. we're on the scene of developing news in san francisco this morning. >> we are. cbs 5 reporter cate caugiran is in the excelsior district where a gas line gave firefighters a little bit of trouble this morning. she joins us with the latest now. good morning, cate. >> reporter: good morning, frank. on top of that, firefighters are calling this house fire suspicious just because of how quickly it spread but again we don't know what caused it. an arson team
we'll tell you. >> and 15 hours until congress steps off the "fiscal cliff." a final push to reach a deal before the midnight deadline. >> jack frost showing up in some of the valleys very chilly start to the day. will we see some rain for new year's eve? we'll talk about that coming up. >> and no major hot spots at all in any bay area roads. here's a live look at 101 in san jose. mass transit offering free rides for the holiday, we'll tell you which once coming up....
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less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and their lack of action when so much is at stake. we asked or cnn i-reporters to send us their messages for washington and we got a ton of responses. lynn to vernon hill with a bit of advice for politicians. >> my new year's message it to washington is to grow up, act like adults, do juror jobs or resign immediately. we are tired of you being useless and refusing to do your jobs. >> here's one from missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you
less than 48 hours left for congress to make a deal and avoid the fiscal cliff. leaders from both political parties have expressed hope that a deal can be reached. in the senate negotiators worked late into the night trying to put together a plan, and the whole senate will come together in a few hours from now for a rare sunday session beginning at 1:00. an hour later the house will meet. in a world far away from the capitol, everyday americans are growing frustrated with political leaders and...
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Dec 25, 2012
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with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be messy funny, jack klugman from "the odd couple "has died. a look back at his remarkable career. [ female announcer ] introducing u the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. >>> firefighters in california battled a raging river yesterday to rescue a homeless man. he was living on an island in the los angeles river and got into trouble after a fast-moving storm tore through the area. rescuers used an inflatable boat to reach the island and tossed ropes to the man which he tied around a tree. the man was taken to the
with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be...
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Dec 28, 2012
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>>reporter: if congress fails to avoid the fiscal cliff the financial consequences are significant. now there's a computer program that will figure specifically what each of us can expect next year. tax policy center fiscal cliff calculator peck your category married single with or without children enter the income and press to, it will pop up but you have to cough up next year. >> 17,000 dollars higher. that's a lot. >>reporter: jason is an engineer from cupertino with wife and 3 kid. he's looking at extra 17,000 in change. renee of carson just calculated what her family will pay. >> my god. that's another additional, i mean, deduction. >>reporter: 4 dollars short of 3000 dollars. >> i know. i know. >>reporter: she says it's like losing a month salary for her or her husband. pretty significant reduction. >> oh, yes. yes. it's a big one. >>reporter: here's other quick calculations. single person making 46,000 can count on increase of 1300. married with no children income of 57,000 it's an extra 2200 you will be paying. married with two kids and income of 146,000, 7300 more. if you a
>>reporter: if congress fails to avoid the fiscal cliff the financial consequences are significant. now there's a computer program that will figure specifically what each of us can expect next year. tax policy center fiscal cliff calculator peck your category married single with or without children enter the income and press to, it will pop up but you have to cough up next year. >> 17,000 dollars higher. that's a lot. >>reporter: jason is an engineer from cupertino with wife...
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Dec 31, 2012
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economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were involved and it's unclear why the driver lost control. >>> three people are recovering after a crash after a car crashed into a concord funeral home. it happened yesterday afternoon at the we met brothers concord funeral chop ill on clayton road. it appears two teens were racing when they lost control and crashed their car into the building. the teens were taken to the hospital with serious injuries. a 66-year-old man who was inside the building has a broken leg. police interviewed a second driver that may have been racing the teens but have no arrests yet. >>> police officers are out there watching for drive
economy will go over the fiscal cliff unless congress and the white house can work out a last minute deal. if there is no new budget deal by midnight tonight east coast time income tax rates will go up for all americans. coming up at 5:15 the two men leading the last minute negotiations. >>> the chp is trying to figure out what led up to a crash that killed a motorcycle rider in concord last night. it happened just before 6:30 on kicker pass road. the chp says no other cars were...
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Dec 24, 2012
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there are eight days now until fhe fiscal cliff of big tax increases for most americans. and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it down. >> i would vote for revenues, including tax rate hikes even ugh ih i don't like them, to get a-- to save the country from becoming greece, tax rate hikes are part of the solution driven by the president. but he's going to get tax rate hikes. ratey republican colleagues, if we can protect 99% of the american public from a tax hike that is not a tax increase in my books. >> glor: with christmas just two nuys away last minute gift buyers are out. today shopper track said raturday was the busiest da
there are eight days now until fhe fiscal cliff of big tax increases for most americans. and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done....
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143
Dec 27, 2012
12/12
by
WBAL
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roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their. >> claire donehower is the assistant principal at the kennedy krieger school in baltimore. she took on another role as a volunteer in a mission to the dominican republic. >> i think it was a unique chance to take my love of working with kids and bring it into a completely different area. >> she was one of 40 volunteers chosen to complete the elementary school in a small village. they did everything from building walls with cinderblocks to painting to stuccoing. but her favorite part was interacting with the community. >> it was such a powerful
roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their....
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Dec 27, 2012
12/12
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KPIX
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some members of congress admit they may well just go over the fiscal cliff and deal with it in january after the new congress is sworn in. leaving his family behind to continue their vacation without him, president obama boarded air force one early this morning and headed for washington to deal with unfinished fiscal cliff business. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, mr. obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they
some members of congress admit they may well just go over the fiscal cliff and deal with it in january after the new congress is sworn in. leaving his family behind to continue their vacation without him, president obama boarded air force one early this morning and headed for washington to deal with unfinished fiscal cliff business. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, mr. obama wants congress to...